XML 40 R29.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Fair Value Measurements (Tables) | 3 Months Ended
--- | ---
Dec. 31, 2024
Fair Value Disclosures [Abstract] |
Schedule of Fair Value of Assets | Assets measured or disclosed at fair value on a recurring basis consisted of the following:
|  |  |  | Fair Value Measurements Using
|  | December 31, 2024 |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
Money market funds(1) |  | $ | 102,422 |  |  | $ | 102,422 |  |  | $ | — |  |  | $ | — |
Notes receivable(2) |  | 45,782 |  |  | — |  |  | — |  |  | 45,782 |
Total assets at fair value on a recurring basis |  | $ | 148,204 |  |  | $ | 102,422 |  |  | $ | — |  |  | $ | 45,782 |
Revolving credit facility and term loans(3) |  | 115,879 |  |  | — |  |  | 115,879 |  |  | — |
Total liabilities at fair value on a recurring basis |  | $ | 115,879 |  |  | $ | — |  |  | $ | 115,879 |  |  | $ | — |
|  |  |  | Fair Value Measurements Using
|  | September 30, 2024 |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
Money market funds(1) |  | $ | 94,772 |  |  | $ | 94,772 |  |  | $ | — |  |  | $ | — |
Notes receivable(2) |  | 42,467 |  |  | — |  |  | — |  |  | 42,467 |
Total assets at fair value on a recurring basis |  | $ | 137,239 |  |  | $ | 94,772 |  |  | $ | — |  |  | $ | 42,467 |
Revolving credit facility and term loans(3) |  | 121,319 |  |  | — |  |  | 121,319 |  |  | — |
Total liabilities at fair value on a recurring basis |  | $ | 121,319 |  |  | $ | — |  |  | $ | 121,319 |  |  | $ | — |
(1) Money market funds and other highly liquid investments with maturity dates less than 90 days are reflected as “Cash and cash equivalents” in our condensed consolidated balance sheets as of December 31, 2024 and September 30, 2024. (2) Notes receivable relate to UTI’s proprietary loan program and are reflected as “Notes receivable, current portion” and “Notes receivable, less current portion” in our condensed consolidated balance sheets as of December 31, 2024 and September 30, 2024. (3) The Credit Facility and Term Loans bear interest at rates commensurate with market rates, and therefore, the respective carrying values approximate fair value (Level 2).

X
- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration